AGORACOM Small Cap TV - October 27th - Highlights
posted on
Oct 27, 2011 09:42AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s October 27th, 2011, and we’ve found 3 great press release to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
Foundation Resources Inc.: 254.00 g/t and 7.05 g/t Gold Intersected Over 0.50 m and 3.20 m, Respectively, at Iris Lake, Northwestern Ontario
Foundation Resources Inc. (TSX VENTURE:FDN)
pleased to announce the results of all drill holes from the Iris Lake area, located approximately 1.5 km north of the East Coldstream Deposit ("Deposit") on their Coldstream Property ("Property"), northwestern Ontario.
Key Point Summary: -- 254.00 g/t gold over 0.50 m in drill hole IL-11-12 -- 7.05 g/t gold over 3.20 m within 29.70 metre-wide zone averaging 1.27 g/t gold in drill hole IL-11-20 -- Results of Iris Lake drill holes were not included in the recently released compliant resource estimate for the East Coldstream Deposit (763,276 ounces gold Inferred and 96,400 ounces of gold Indicated)
About Foundation Resources Inc.
Foundation is a mineral exploration company focused on exploration and development of gold and base metal properties in Canada and Mexico. Its flagship Coldstream gold project in the Shebandowan greenstone belt and Mitchell base metal property in the Birch-Uchi greenstone belt east of Red Lake occur within the Western Superior geological province of the Canadian Shield, noted for hosting prolific gold and base metal deposits in Ontario, Canada. The San Rafael gold-silver property is located approximately 150 km northwest of Durango in the Durango State, Mexico.
Last: 0.085Range: 0.40-0.08Market Cap: 2.9 million
Marathon Gold Expands Leprechaun Gold Deposit with Intercepts of 5.99 g/t Au over 10.8 m and 3.69 g/t Au over 12.4 m
Marathon Gold Corporation(TSX: MOZ
announces continued success with the intersection of high grade, mineralization, in the "Heart of Gold" area of the Leprechaun Gold Deposit (Figure 1). Significant new main zone intercepts include 5.99 g/t Au over 10.8 meters including 28.88 g/t Au over 1.8 meters in VL-11-345, and 3.69 g/t Au over 12.4 meters including 39.80 g/t Au over 1.0 meter in VL-11-343.
Highlights:
About Marathon Gold Corporation
Marathon Gold Corporation is one of Canada's newest gold resource development companies, with projects located in the mining friendly province of Newfoundland and Labrador, and a project in the prolific Coeur d'Alene Mining District of Idaho. Marathon has a project pipeline consisting of early stage exploration to advanced resource development projects. Marathon is continually evaluating new gold resource development projects of merit that are located within the Americas. Marathon's focused and low-cost approach to exploration and resource development has an established record of delivering rapid growth. For more information visit: www.marathon-gold.com
Last: 1.50Range: 2.07-1.00Market Cap: 34.3 million
Pacific North West Capital Corp. (TSX: PFN) (OTCQX: PAWEF) (Frankfurt: P7J)
is pleased to announce assay results for four more drill holes in the 2011 Phase IB Exploration program on its 100% owned River Valley PGM-Gold Property, 70 km from Sudbury, Ontario.
Holes DN026 and DN027 (Tables 1 and 2) were drilled from the same location in Dana North Zone toward the east in order to test the deeper extension of the main mineralized
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About Pacific North West Capital Corp:
Pacific North West Capital Corp. is a mineral exploration company whose corporate philosophy is to be a project generator, explorer and project operator with the objective of optioning/joint venturing its projects through to production.
Last: 0.16Range: 0.40-0.11Market Cap: 15 million